Business Diary: Consider the Krugman Factor
Tuesday 26 April 2011
The Nobel Prize-winning economist Paul Krugman is fighting back following an exchange between Glenn Beck and Bill O'Reilly, the right-wing shock jocks of American television. Describing Krugman as one of the "far left", O'Reilly said that he and the likes of "Soros and his merry men" were intent on destroying the American economy so that they would be free to "build up a socialist system". O'Reilly is on to something, confesses Krugman on his blog, adding "Luckily, he hasn't learned about our plan to steal his precious bodily fluids." It's hardly a fair fight, intellectually, this one.
A right royal share tip
There is a large health warning with this suggestion – it comes from a fund management company – but if you're looking for a reason to invest on the stock market, the Royal Wedding could be it, says Fidelity. It points out that the investment climate in the run-up to the wedding of Charles and Di in 1981 was remarkably similar to today, with stocks having underperformed for an extended period and a bleak economic outlook. So in the unlikely event of you having a few spare pennies, give your broker a call, rather than spending it on Kate and Wills memorabilia.
Morecome or Newkey this year?
Word has it that one or two large travel firms are getting nervous about the lack of bookings they've taken so far for the forthcoming summer season. Well, Travelodge may have an explanation – it turns out Britons can't spell the names of some of our best-known towns and cities. Indeed, 25 per cent of its daily bookings are misspelt. Morecome for Morecambe is common, while Newquay is often rendered Newkey. If they can't spell English names, what hope is there for foreign parts?
Heated response from Scotland
We're charmed by Hawick Knitwear, a small Scottish company, which has just sent the Diary a triumphant note about how sales this year have exceeded all expectations. We're all for trumpeting the success of entrepreneurial small businesses; we would question whether the best time to launch a marketing drive for woolly jumpers is in the middle of an unseasonable heatwave.
The Sistine Chapel is set to be illuminated with thousands of LEDs
Gillian Anderson lays into gender disparity in Hollywood
- 1 Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
- 2 Prince held a Facebook Q&A and this is the only question he answered...
- 3 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 4 35,000 walrus gather on north-west Alaska beach 'for a rest'
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
Prince held a Facebook Q&A and this is the only question he answered...
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
Brad Pitt, on the moment he completely lost his temper with Clint Eastwood's son
Jennifer Lawrence nude photos leak: More celebrities allegedly targeted as third wave of hacked images released
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Should gay sex be illegal? 16% of Britons think so
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Former Tory donor Arron Banks ups his Ukip donation to £1million following William Hague 'nobody' comment
- < Previous
- Next >
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...
£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...
Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...